Supermarket chain Eurotorg plans first ever Belarus’ corporate Eurobond

Financial Times

The Financial Times, the leading global newspaper covering financial markets, on 6 October wrote about Eurotorg’s plans to raise USD 350 million through a Eurobond sale. FT correspondent Henry Foy noted that the transaction would be the first ever corporate Eurobond sale from Belarus.

The article notes that the issue seeks to tap “heavy demand” from “yield-hungry investors”, and cites Fitch Ratings’ opinion that Eurotorg has a “strong business profile, underpinned by the company’s unrivalled position in Belarusian food retail market”.

The full article can be read at:
https://www.ft.com/content/d2f3fe49-379a-3134-8e6d-6513c6cdde3d